TB Problem $16-149($Algo$)$ Four independent situations are... Four independent situations are described below. Each involves future deductible amounts and$/$or future taxable amounts produced

by temporary differences reported first on:

Required:

For each situation, determine the taxable income assuming pretax accounting income is $$100,000.$

Note: Amounts to be deducted should be indicated by a minus sign.

Four independent situations are described below. Each involves future deductible amounts and$/$or future taxable amounts produced by temporary differences reported first on:

Income Statement Tax Return

Revenue Expense Revenue Expense

$(1)$ $ $17,500$

$(2)$ $ $17,500$

$(3)$ $ $17,500$ $ $14,500$

$(4)$ $ $14,500$ $ $17,500$ $ $6,500$ $ $11,500$

Required:

For each situation, determine the taxable income assuming pretax accounting income is $$100,000$